Uiri
15-10-2008, 22:50
OOC: This is about my oil and Kirav's oil merging. We can't keep Arabian oil all to ourselves forever.
IC:
Belu, Geren & Oranej Peterolum Inc. finally gets OK from Belu, Geren & Oranej Conogolomerat to merge with Dókáreum Corporation
In a shocking move by Belu, Geren & Oranej Conogolomerat which is in itself owned by the other five majour Conogolomeraté, the Government and individual shareholders has finally given the OK for its subsidy operating oil extraction in Uir Arabi and Kanada to merge with what has been seen as the companies only majour competition in its area of operation - Dókáreum Corporation.
Dókáreum Corporation is from Kirav and operates in the Kiravian portions of Arabi. Hailing from one of Uiri's closest allies, the competition has been seen as unhealthy by many economic analysts of Uir origin and some of Kiravian origin. The idea of a merge with Kiravian oil corporations has been floating around those working for B,G&O Peterolum ever since it moved to Uir Arabi at the conclusion of the Arabi campaign.
For approximately one week now, the only barrier has been B,G&O's parent company's seal. Today, the seal was given and now the two corporations are one. The move came after BG&O Peterolum's stocks began going down as the price of gasoline went up to 350 mila a liter. This does not effect the average Uir citizen but it sure does effect Uir investors who depend on their Otomobilé to get around.
The stock's listing on the NUX is soaring with news of the merge as revenue and ultimately dividends are expected to increase. Especially because BG&O Conogolomerat sold 40% of its stake in the company which has already been cut in half on the market in order to allow investors from the world over to buy stock in the newly formed corporation. This is the Geren Gazet praising the merge of two large oil coporations.
An idea of the size of our oil reserves:
I have calculated 792.25 billion barrels or reserves in Saudi Arabia, Canada, Iraq, Kuwait, UAE, Qatar, Nigeria, Vietnam, the Philippines, Brunei & South Africa. Please note the last three have less than 1 bil, Vietnam has only 2.5 bil, more than half of it is in the first two countries, and more than ¾ of it is in the first four countries. Kirav's share is probably just over a third however mine is more spread out. I don't know about reserves in the Spratly islands, which Kirav owns, however it is convenient because I have the Philippines. Altogether, we have about 57.75% of the RL worlds proven oil reserves. And then there is Kirav's other colonies which don't correspond to RL territories.
IC:
Belu, Geren & Oranej Peterolum Inc. finally gets OK from Belu, Geren & Oranej Conogolomerat to merge with Dókáreum Corporation
In a shocking move by Belu, Geren & Oranej Conogolomerat which is in itself owned by the other five majour Conogolomeraté, the Government and individual shareholders has finally given the OK for its subsidy operating oil extraction in Uir Arabi and Kanada to merge with what has been seen as the companies only majour competition in its area of operation - Dókáreum Corporation.
Dókáreum Corporation is from Kirav and operates in the Kiravian portions of Arabi. Hailing from one of Uiri's closest allies, the competition has been seen as unhealthy by many economic analysts of Uir origin and some of Kiravian origin. The idea of a merge with Kiravian oil corporations has been floating around those working for B,G&O Peterolum ever since it moved to Uir Arabi at the conclusion of the Arabi campaign.
For approximately one week now, the only barrier has been B,G&O's parent company's seal. Today, the seal was given and now the two corporations are one. The move came after BG&O Peterolum's stocks began going down as the price of gasoline went up to 350 mila a liter. This does not effect the average Uir citizen but it sure does effect Uir investors who depend on their Otomobilé to get around.
The stock's listing on the NUX is soaring with news of the merge as revenue and ultimately dividends are expected to increase. Especially because BG&O Conogolomerat sold 40% of its stake in the company which has already been cut in half on the market in order to allow investors from the world over to buy stock in the newly formed corporation. This is the Geren Gazet praising the merge of two large oil coporations.
An idea of the size of our oil reserves:
I have calculated 792.25 billion barrels or reserves in Saudi Arabia, Canada, Iraq, Kuwait, UAE, Qatar, Nigeria, Vietnam, the Philippines, Brunei & South Africa. Please note the last three have less than 1 bil, Vietnam has only 2.5 bil, more than half of it is in the first two countries, and more than ¾ of it is in the first four countries. Kirav's share is probably just over a third however mine is more spread out. I don't know about reserves in the Spratly islands, which Kirav owns, however it is convenient because I have the Philippines. Altogether, we have about 57.75% of the RL worlds proven oil reserves. And then there is Kirav's other colonies which don't correspond to RL territories.